1min snip

We Study Billionaires - The Investor’s Podcast Network cover image

TIP550: Masterclass w/ Mohnish Pabrai

We Study Billionaires - The Investor’s Podcast Network

NOTE

The Circle of the Wagons Approach to Investing: Lessons from Warren Buffett

The new circle of the wagons approach to investing is an exciting way for the speaker to look at things./nBerkshire Hathaway has a few extraordinary businesses, many pretty good businesses, and a large number of mediocre or below average businesses./nIn 58 years, 12 decisions have created most of the great outcome for Berkshire, while most of the other decisions have been at best so-so./nOver 58 years, Warren Buffett has made well over 300 decisions, but only 12 stand out, giving him a 4% hit rate as an investor.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode